T-Mobile Agrees To Buy Sprint For $26 Billion, Creating Mix Reviews

Not everyone sees this big news as good news.

T-Mobile is making a power move in the wireless market and has decided to merge with Sprint to make one new giant company.

Wall Street Journal reports the deal will cost $26 billion and will help merge both companies coverage network to compete with other giants like Verizon and AT&T. T-Mobile’s CEO John Legere hopes to expand its coverage and employees in rural areas, which is one area all wireless companies are looking to do.

I’m excited to announce that @TMobile & @Sprinthave reached an agreement to come together to form a new company – a larger, stronger competitor that will be a force for positive change for all US consumers and businesses! Watch this & click through for details.

💝Let me reiterate what I’ve said time and time again – everything @TMobile does is for the benefit of customers – this move is no different. The New T-Mobile will supercharge the #uncarrier strategy for the entire country! More here: https://t.co/KhZsj3PFs8

T-Mobile cites "job creation" in this merger, but that's not what happens with mergers like this. Massive store closures save money from "redundancy." Handset and equipment vendors have fewer customers, who buy less bc of greater efficiency.